HomeFundingRomanian startup Brunch nabs €250K to scale its collaboration app for website...

Romanian startup Brunch nabs €250K to scale its collaboration app for website creation internationally

Brunch, a new tech startup that aims to help web developers, designers and marketers collaborate better, has landed 250K in funding from Ulpia Ventures. The fresh funds will be used to further develop the app and scale internationally.

Brunch was founded in 2020 by Romanian entrepreneurs Andrei Stoica and Razvan Statescu to improve communication and collaboration processes between teams that build and optimize websites, or web presentation pages. The app facilitates managing feedback from all actors (web designers, marketers, designers, etc.) during website creation, overall reducing time and financial costs. Currently, the app offers both a free trial plan and two paid plans: one dedicated to freelancers and one dedicated to businesses plan.

Brunch recently caught the attention of entrepreneur and investor Mihai Ivașcu, CEO of Modex and Investment Partner at Ulpia Ventures, leading to the closing of this round. Aside from assigning the €250K funding to grow Brunch’s user base and support marketing activities, Mihai Ivașcu will use his 15 years entrepreneurial experience to help scale the company through mentorship and consultancy.

Mihai Ivascu, founder of Ulpia Ventures, explained: “My experience of growing the Modex brand, from a blockchain startup into a tech company that builds latest generation software solutions with a global presence in four offices and over 100 employees, inspired and encouraged me to create Ulpia Ventures Investment Fund. Brunch and the application the two young Romanian entrepreneurs created fits perfectly with the concept we envisioned for Ulpia Ventures.

The €250K funding will enable Brunch to reach the next level of development, to become market leader in less than one year and to create a new trend among web developers, content creators and marketers. We are happy Brunch joins the Ulpia Ventures family, alongside other tech companies and I know we will make great things together, all the while solving real life problems through emerging technologies developed by the new wave of entrepreneurs.”

The Brunch application targets users worldwide, with a focus on Europe. Brunch’s hosting servers are located in Europe, user data is processed in accordance with the European regulation and respecting users’ need for web safety and privacy.

Andrei Stoica, CEO of Brunch, commented: “We have been working in digital marketing and web development for over 10 years and we identified a market need for a platform that can facilitate web collaboration for building new websites and optimizing existing ones. Brunch reduces time spent and financial resources invested, improves communication and the feedback process, being at the same time really easy to use by anyone. This investment is a proof of trust from our partner, it confirms our business model and helps us accelerate growth.”

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Charlotte Tucker
Charlotte Tucker
Charlotte is the previous Editor at EU-Startups.com. She spends her time scouting the next big story, managing our contributor team, and getting excited about social impact ventures. She has previously worked as a Communications Consultant for number of European Commission funded startup projects.

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